Ares Wealth Management Solutions to Provide
Broader Access to Ares’ Leading European Direct Lending
Strategy
Ares Delivers Accessible Investment Solutions
Suitable for Individual Investors in Europe and Asia
Ares Management Corporation (NYSE:ARES) (“Ares”), a leading
global alternative investment manager, announced today the launch
of Ares European Strategic Income Fund (“AESIF”), a new open-ended
direct lending fund that will provide individual investors in
Europe and Asia with access to Ares’ European direct lending
strategy.
Ares launched its European direct lending strategy in 2007
gaining a first mover advantage in a nascent market. Since this
time, the European direct lending strategy has deployed more than
€56 billion ($61 billion) in capital, cementing a longstanding and
cycle-tested track record. Today, Ares represents the largest
direct lending solutions provider to the European market with over
€55 billion ($60 billion) of assets under management dedicated to
the strategy and more than 85 investment professionals across six
originating offices in London, Frankfurt, Paris, Stockholm,
Amsterdam and Madrid, as of June 30, 2023.
AESIF will be the latest addition to the Ares Wealth Management
Solutions (“AWMS”) platform and will be its first offering in the
Europe and Asia regions. Leveraging the strength and scale of Ares’
leading global private credit platform and its extensive experience
in Europe, AESIF has been designed to deliver a highly diversified
portfolio comprised predominantly of directly originated, senior
secured floating rate loans to performing businesses in Western
Europe. AESIF is intended to offer investors a core income-solution
with meaningful downside protection and stable yields in a format
that features lower investment minimums relative to traditional
alternative investment products.
“The expansion of our wealth product offering reflects Ares’
ongoing commitment to delivering enhanced investment solutions and
client services to our rapidly growing base of global individual
investors,” said Raj Dhanda, Partner and Global Head of Wealth
Management. “With products spanning the real estate, private credit
and private equity secondaries asset classes, we look forward to
continuing to develop new offerings and remain committed to
bringing Ares’ institutional quality private investment solutions
to the wealth channel globally.”
“As a pioneer in European direct lending with more than 15 years
of experience investing on behalf of institutional investors, we
are excited to bring the power of Ares’ origination and execution
capabilities to individual investors,” said Blair Jacobson, Partner
and Co-Head of European Credit. “We believe that the current market
opportunity is one of the most exciting we have seen in years and
that our leadership position as a well-capitalized, global platform
provides us with competitive advantages in sourcing and managing
investments in order to deliver attractive risk-adjusted returns on
behalf of our investors.”
“This is an exciting step in providing global access to Ares’
market leading investment strategies,” said Mark Serocold, Partner
and Head of Wealth Management Solutions EMEA. “We are pleased to
launch AESIF, which builds on the strength of our European direct
lending strategy and to create broader access to our established
product suite for individual investors in Europe and Asia.”
Since the launch of AWMS in 2021, Ares has remained focused on
scaling its wealth platform to deliver private market access and
education to financial advisors and their clients. With a growing
team of over 130 professionals located in offices throughout the
U.S., Europe and Asia, AWMS represents one of the most resourced
wealth distribution and client service platforms in the
alternatives industry today.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit,
private equity, real estate and infrastructure asset classes. We
seek to provide flexible capital to support businesses and create
value for our stakeholders and within our communities. By
collaborating across our investment groups, we aim to generate
consistent and attractive investment returns throughout market
cycles. As of June 30, 2023, Ares Management Corporation's global
platform had approximately $378 billion of assets under management,
with over 2,600 employees operating across North America, Europe,
Asia Pacific and the Middle East. For more information, please
visit www.aresmgmt.com.
Ares Wealth Management Solutions
As a global brand of Ares Management Corporation, Ares Wealth
Management Solutions oversees the product development,
distribution, marketing and client management activities of
investment offerings for the global wealth management channel.
AWMS’ mission is to provide advisors and their clients access to
innovative, solutions-oriented investment opportunities across
Ares’ platform of industry leading primary and secondary strategies
across the credit, private equity, real estate and infrastructure
asset classes. Through its range of institutional and retail
structures, coupled with excellent client service and educational
resources, AWMS helps investors diversify their portfolios with
private market solutions that seek to deliver consistent, long-term
growth. For more information, please visit www.areswms.com.
Interests in AESIF have not been, and will not be, registered
under the United States Securities Act of 1933, as amended (the
“Securities Act”), or the applicable securities laws of any United
States state or any non-United States jurisdiction. The interest in
the AESIF may not be offered, sold or delivered directly or
indirectly in the United States or to or for the account or benefit
of any “U.S. Person” except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the
U.S. Securities Act and any applicable state laws. As such, any
“U.S. Person” may not receive and should not act or rely on this
Press Release or any other materials related to AESIF.
The information contained in this Press Release is being made
available solely for information purposes. Any potential investors
are urged to carefully read the applicable Prospectus and other
materials in their entirety before making an investment
decision.
Any potential investors should conduct their own investigations
and analysis of Ares, AESIF and the information set forth in the
applicable Prospectus and other materials. Nothing in this Press
Release or the other applicable materials should be construed as a
recommendation to invest in any securities or as legal, accounting
or tax advice. Before making any decision to invest in AESIF,
potential investors should carefully review information relating to
Ares and AESIF and consult with their own legal, accounting, tax
and other advisors when considering the merits of any
investment.
There can be no assurance that AESIF will meet its investment
objectives or otherwise be able to successfully carry out its
investment program. There can be no assurance that an investor will
receive a return on its capital, and therefore, an investor should
only invest in AESIF if such investor is able to withstand a total
loss of its investment.
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version on businesswire.com: https://www.businesswire.com/news/home/20231011417491/en/
Investors: Charles Gans-Lartey, +1 212-515-3336 Carl
Drake, +1 678-538-1981 Media: Brittany Cash, +1 212-301-0347
or Alexandra Douglass, +1 212-301-0391 media@aresmgmt.com |
media.europe@aresmgmt.com
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